BTU International (BTUI) Reports Q3 EPS of $0.00

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BTU International Reports Third Quarter 2014 Results

October 28, 2014 4:30 PM EDT

NORTH BILLERICA, Mass., Oct. 28, 2014 (GLOBE NEWSWIRE) -- BTU International, Inc. (Nasdaq: BTUI), a leading supplier of advanced thermal processing equipment to the electronics manufacturing and alternative energy markets, today announced its financial results for the third quarter ended on September 28, 2014.

Third quarter net sales were $15.9 million, down 3.2 percent compared to $16.4 million in the preceding quarter, and up 32.5 percent compared to $12.0 million for the same quarter a year ago. Third quarter net income was breakeven, or $0.00 per diluted share, compared to a net income of $0.6 million, or $0.06 per diluted share, in the... More